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    Macroeconomics Study Set 40
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    Exam 12: U.S. Inflation, Unemployment, and Business Cycle
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    The Position of the Long- Run Phillips Curve Is Determined
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The Position of the Long- Run Phillips Curve Is Determined

Question 253

Question 253

Multiple Choice

The position of the long- run Phillips curve is determined by


A) the level of interest rates.
B) the inflation rate.
C) the quantity of money.
D) the natural unemployment rate.

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